The Washington area is home to lots of smart—and rich—people. Image courtesy of Shutterstock.
Washington-area parents, rejoice: You now have
evidence for your children that the
more educated you are, the richer you’re likely to become. But
judging by two recent
studies, many of you already knew that. According to the
studies—one conducted by William Yu of
UCLA
residents are both the most educated and the richest in the
country.
Working for First 5 LA’s Early Childhood Education conference, Yu tracked “city human
capital index” by measuring the average amount of education people in different metropolitan
areas received, according to census statistics. What he found was that though New
York and Philadelphia have had better sports teams for some time, they only rank in
the middle of the pack when it comes to the original kind of schooling. Los Angeles,
Houston, Las Vegas, and Riverside, California, rounded out the bottom of the barrel.
On average, Washingtonians also have more money to
spend than their Northeastern counterparts,
which is also true compared with people in every other section
of the country. According
to the study, the Washington area has a median income of
$86,680, about $2,000 more
than second-place San Jose-Sunnyvale-Santa Clara, California.
The Philadelphia area
didn’t make the list, but Poughkeepsie-Newburgh-Middletown, New
York, rounded out
the top ten, with a median income of nearly $20,000 less than
DC. Interestingly, the
poorest areas aren’t too far outside Washington’s
backyard—Cumberland, Maryland, ranked
ninth on 247WallSt.com’s list of the ten most impoverished
cities.
According to New Studies, Washington Residents Are the Smartest and the Richest
It's okay to brag. (A little.)
Washington-area parents, rejoice: You now have
evidence for your children that the
more educated you are, the richer you’re likely to become. But
judging by two recent
studies, many of you already knew that. According to the
studies—one conducted by
William Yu of
UCLA
and the other by
247WallSt.com—DC
residents are both the most educated and the richest in the
country.
Working for First 5 LA’s Early Childhood Education conference, Yu tracked “city human
capital index” by measuring the average amount of education people in different metropolitan
areas received, according to census statistics. What he found was that though New
York and Philadelphia have had better sports teams for some time, they only rank in
the middle of the pack when it comes to the original kind of schooling. Los Angeles,
Houston, Las Vegas, and Riverside, California, rounded out the bottom of the barrel.
On average, Washingtonians also have more money to
spend than their Northeastern counterparts,
which is also true compared with people in every other section
of the country. According
to the study, the Washington area has a median income of
$86,680, about $2,000 more
than second-place San Jose-Sunnyvale-Santa Clara, California.
The Philadelphia area
didn’t make the list, but Poughkeepsie-Newburgh-Middletown, New
York, rounded out
the top ten, with a median income of nearly $20,000 less than
DC. Interestingly, the
poorest areas aren’t too far outside Washington’s
backyard—Cumberland, Maryland, ranked
ninth on 247WallSt.com’s list of the ten most impoverished
cities.
Most Popular in News & Politics
MAP: Road Closures for Trump’s Military Parade
The Smithsonian Says It Will Decide Who Runs Its Museums, Thanks; Trump’s Parade Will Close Some DC Streets for Days; and a Maryland Bear Got a Ride to a Park in Virginia
Man Jumps From AU Radio Tower in Apparent Suicide
Smaller Crowds, Big Emotions for Army’s 250th: What We Heard Around DC
The Latest on the June 14 Trump Military Parade in DC
Washingtonian Magazine
June Issue: Pride Guide
View IssueSubscribe
Follow Us on Social
Follow Us on Social
Related
How Would a New DC Stadium Compare to the Last One?
The Culture of Lacrosse Is More Complex Than People Think
Did Television Begin in Dupont Circle?
Kings Dominion’s Wild New Coaster Takes Flight in Virginia
More from News & Politics
5 Things to Know About the New Trump Smartphone
PHOTOS: Army 250 Festival and Parade
Trump’s Damp Military Parade Overshadowed by Weekend of Political Violence, Protests; Dems Turn Out Early for Virginia Primary; Washington Post Journalists Hacked
How Would a New DC Stadium Compare to the Last One?
PHOTOS: “No Kings” Protests Draw Thousands in DC Area
Smaller Crowds, Big Emotions for Army’s 250th: What We Heard Around DC
Man Jumps From AU Radio Tower in Apparent Suicide
Unelected Storms Menace Trump’s Tank Parade, Kennedy Center Boss May Run for California Governor, and WorldPride Tourism Didn’t Meet Expectations